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Harley-Davidson To Drop From S&P 500 As Coronavirus Batters Struggling Motorcycle Maker

by Bill Roberson from https://www.forbes.com/ Iconic American motorcycle maker Harley-Davidson [HOG] continues to struggle. The company will move off the S&P 500 in the next week and will land on Standard and Poor’s MidCap 400 list of stocks instead, according to the Milwaukee Journal Sentinel. Clothier Nordstrom Inc. and Alliance Data Systems Corp. will also

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Harley-Davidson Inc (HOG) SVP & CFO John A Olin Bought $256,770 of Shares

from https://www.gurufocus.com SVP & CFO of Harley-davidson Inc (30-Year Financial, Insider Trades) John A Olin (insider trades) bought 13,500 shares of HOG on 05/13/2020 at an average price of $19.02 a share. The total cost of this purchase was $256,770. Harley-Davidson Inc produces and sells heavyweight motorcycles, as well as offers motorcycle parts, accessories, and

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Aprilia RS660 Supersport spotted testing undisguised

by Pradeep Shah from https://www.financialexpress.com Aprilia RS660 will soon be making an official entry to the markets soon and the latest spy shot reveals a lot of interesting details Aprilia’s middleweight supersport – the RS660 has been snapped testing doing test runs, image courtesy Aprilia Forum. What is even more interesting is the fact that

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Harley-Davidson shifts strategy, to focus on core markets

from https://www.livemint.com The company’s shares climbed after the motorcycle maker’s new acting chief executive officer laid out plans to cut costs The stock had plunged 49% this year through Monday’s close Harley-Davidson Inc. shares climbed after the struggling motorcycle maker’s new acting chief executive officer laid out plans to cut costs and complexity and focus

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Harley-Davidson cuts dividend, halts buybacks to preserve cash

by Ankit Ajmera from https://www.reuters.com (Reuters) – Harley-Davidson Inc (HOG.N) slashed its dividend and halted share buybacks on Tuesday to boost its cash reserves as global lockdowns due to the coronavirus pandemic hit motorcycle demand in the first quarter. The company has $1.47 billion in cash and is in talks with big U.S. banks to

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China-made Brixton 1200 cleared for production

by Pradeep Shah from https://www.financialexpress.com China-made Brixton 1200 cleared for production: 1200cc modern classic has Bonneville T120 in its sights! About the new 1200cc model, Brixton says that it “shows the way of Brixton Motorcycles into even higher capacity classes and proves the development competence of our brand.” Brixton 1200 – a 1200cc modern classic

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Wary of public transport, coronavirus-hit Americans turn to bikes

from https://auto.economictimes.indiatimes.com The coronavirus pandemic has sparked a surge in bike sales across the United States, according to a major manufacturer and a half dozen retailers interviewed by Reuters. “I’m 51 and healthy, but I don’t want to get on the subway,” said John Donohue, a Brooklyn-based artist who bought a bike two weeks ago.

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Global Motorcycle Sales In Free Fall Due To COVID-19

by Dustin Wheelen from https://www.rideapart.com Even before the World Health Organization declared COVID-19 a pandemic on March 11, 2020, many financial experts were speculating on the impact of the global crisis. Once motorcycle manufacturers and dealerships closed their doors to observe social distancing orders and promote public safety, we knew that the market could undergo

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Harley-Davidson to hold virtual annual meeting, acting CEO says More Roads plan is working

by Margaret Naczek from https://www.bizjournals.com Amid the instability of the COVID-19 pandemic, Harley-Davidson Inc.’s acting president and CEO Jochen Zeitz reflected back on the advancements made in the More Roads to Harley-Davidson strategy in 2019. 2020 already was a pivotal year in the company’s strategic plan to grow more riders and expand dealership reach, but

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NCOM Biker Newsbytes Feb 2020

National Coalition of Motorcyclists (NCOM) Compiled & Edited by Bill Bish The National Coalition of Motorcyclists (NCOM) is a nationwide motorcyclists rights organization serving over 2,000 NCOM Member Groups throughout the United States, with all services fully-funded through Aid to Injured Motorcyclist (AIM) Attorneys available in each state who donate a portion of their legal

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